What's interesting here is, this is an annual test which was last completed 24th Aug20, this test has effectively been brought forward to 26th April 21. The 2019 test was conducted on 26th Aug 2019. I feel it adds to the general conscious that something is brewing behind the scenes relating to leverage.
Capped Contingency Liquidity Facility (“CCLF®”) is an integral part of the Fixed Income Clearing Corporation’s (“FICC”) role as central counterparty under the Government Securities Division (“GSD”) and the Mortgage Backed Securities Division (“MBSD”). On an annual basis, FICC conducts a mandatory CCLF test with all GSD Netting Members and MBSD Clearing Members in order to satisfy the requirements of a covered clearing agency with respect to its management of the liquidity risk
APR21 - notice to all members
https://www.dtcc.com/-/media/Files/pdf/2021/4/20/GOV1082-21.pdf
AUG20 - notice to all members
https://www.dtcc.com/-/media/Files/pdf/2020/6/24/MBS861-20.pdf
Front Page Edit: Thanks everyone for getting this to the front page. To all my lost GME HODL apes on r/wallstreetbets who are reading this on the front page, if you want good GME DD and info, you won't find it there. That sub has been compromised since late Jan early Feb. The mods let in some GME fluff and non important posts through, but they delete genuine important info that will help you with the squeeze. This type of important content is only found here on r/GME. That's why this DD for example is posted here and not on r/wallstreetbets. So if you're relying on r/wallstreetbets for good DD, please, join r/GME instead. Education and knowledge is power.
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Preface: Please upvote this to combat shill bots. This NEEDS to be made known to all diamond hand apes, but it's not financial advice.
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So you've been combating FUD, HODLing, reading DD, and buying the dip cuz you like the stock. Congratz, you have been doing well on the front lines and you've been surviving. But this is actually just the easy part. The hardest part is actually knowing when to sell and actually turning those shares into tendies, because obviously it doesn't matter how much we hold if we mess up during the squeeze and fail to capture most of the value of the shares. And that's why we're going to add a wrinkle on your ape brain today and discuss about your EXIT STRATEGY.
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What is an EXIT STRATEGY, and why is it important?
This really pains me that a bunch of apes have been asking what an EXIT STRATEGY is, as this is something ALL apes should know. An EXIT STRATEGY is your plan for how and when to sell your shares. This is arguably the most important part of trading, as this directly affects how much money you're getting. Obviously we're not going to rely on just emotions, or luck, or just YOLO / 360noscoping the sell button arbitrarily during the squeeze, but we're gonna use our wrinkles to get a better educated guess as to when we're going to sell our shares. Not knowing how to sell our shares well will not only give you as an individual less profit, but also might hinder the squeeze and rob the rocket of rocket fuel, meaning the squeeze won't be as high as it could have been, and meaning ALL APES will have less profit. So read, learn, grow a wrinkle or two, and don't fuck it up for the rest of us!
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There is already two EXCELLENT DD's
... keep reading on reddit ➡People should be happy with their bodies. That's a fact; you need that to start changing. You need to love yourself before you become more healthy. You should love yourself to work your weight off and be determined to get rid of your weight. However, saying that an obese woman who weighs 400 pounds and has had multiple strokes is healthy is completely incorrect. Obesity causes many health consequences and has caused many deadly problems. [1] This movement will most likely cause many problems in national health if kept up. Obesity is obviously unhealthy, and the Health at Any Size movement, in my opinion, is a crisis.
[1] https://www.cdc.gov/obesity/adult/causes.html
EDIT: I've changed my mind. No need to convince me, but I've seen some toxic people here. Convince THEM instead.
Thanks for reading. I like the fucking stock. 🚀🚀🚀
Edit: to those saying it won't crash the market, have you seen what happens when we start going parabolic? The market starts bleeding out of its eyes. What is GME's beta value at right now, anyway? Still -8?
It's like SOME of you don't even want the squeeze to happen. Weird.
Edit2: Wow, #2 on my favorite subreddit. I am a warm and fuzzy ape. Thanks for the awards!
I wanted to clarify something I posted in my first edit about beta value. First type in negative beta in google and you get this:
"A negative beta correlation means an investment moves in the opposite direction from the stock market. When the market rises, a negative-beta investment generally falls. When the market falls, the negative-beta investment will tend to rise."
Here is some DD about GME's beta value from 2 weeks ago. Long story short GME's beta was -2.07 on 03/17 and I got the same value when I looked for it just now. What it means to me is that when GME goes BRRRRRRRR market goes GUHHHHH. Smarter apes can explain the deeper mechanics and nuance but that is it in a nutshell.
INFINITY EDIT: WOULD YOU LIKE TO KNOW MORE? WOULD YOU LIKE TO CONTRIBUTE TO THIS SHREWDNESS OF APES, SERIOUSLY THATS WHAT GROUPS OF APES ARE CALLED, WTF
https://www.reddit.com/r/GME/comments/meoht6/intro_to_the_gme_standoff_for_newcomers_plz_read/
APES STRONG TOGETHER!
SORRY FOR CAPS I'M JUST FEELING APEISH TONIGHT.
"Unknown" also works
